3210-12 Frankford Ave Ave Unit 7 UNITS @, Philadelphia, PA 19134

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List Price
$749,999
Price Change
▲ $36,000 1792974122
Days on Market
157
Status
ACTIVE
MLS#
PAPH2625674
Lot Size (Acres)
0.08
Year Built
1950
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

CMX2, mix-used two multi-unit buildings sold as a bundle, as is. 3210 Building- has 1 Large Storefront Commercial +2 residential units. 3212 Building - has 1 Smaller Storefront Commercial +3 residential units. Building permits to turn the listing from 7 to 8 units are in the process of getting approved. ( 2 commercial/store front and 6 residential units) Bonus ( large basement and back yard/fenced and cleaned out) which is highly requested and will benefit to both commercial units. Buildings are empty ( no tenants). Owner spent a good chunk of $$$ clearing both buildings from Zoning, City violations, moving tenants out and approving in the city the future building permit, plumbing, electrical, fire alarm and mechanical permits.All ready to go. Buildings are a Blank canvas, Investor's ready. Good potential for high-income producing investment . Your future cash flow. Situated in the rapid growing Frankfort corridor, surrounded by newly build condos ( across the street) and minutes from the train, public transportation, I-95 and Fishtown area. Ideal for Small Businesses as well. Store-front commercial units open in the main street. In the visible cross-section of Frankford & Allegheny. The Frankfort corridor has changed tremendously in the last couple of years and continues to be under major developments as we speak. Simple math (investment / profit) this building has a high potential of a MINIMUM- 10% ROI Now is the right time to invest !!

Additional Information

Area
19134 (19134)
Subdivision
Kensington
School District
The School District Of Philadelphia
Flooring
Brick
Heating
Electric Baseboard
Cooling
None
Roof
Flat
Water
Public
Sewer
Public Sewer

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Listing courtesy of Coldwell Banker Hearthside Realtors. Contact: